I am so grateful for what is unfolding.
The Age of Abundance is entering our lives and STEEM is one of the main entities that is ushering it in. Cryptocurrency is going to change the world since it is taking the monetary system from one based upon scarcity to one of abundance.
Each day, 60K Steemians conduct transactions on here. That means all these people are earning STEEM of varying amounts. Over time, with all that is in the works, I believe most of those people will really be uplifted through this token.
I joined STEEM in August after hearing about it at a Manna gathering (Grantcoin at that time). My number was somewhere around 318,000 (too lazy to look it up). In about 9 months, we saw that number tripled. That is fairly reasonable growth for something that still uses a manual approval system.
One of the greatest benefits to cryptocurrency is that it provides alternatives. Since it is such a new industry, most of us are still in the position where we are amassing tokens. Until the prices move up significantly higher, we are looking at a monetary status quo in terms of our daily lives. That said, many of us see the potential starting to form. At some point, I believe the pricing of cryptocurrency will reflect the activity that is taking place.
I just read a study that concluded there are between 3.1M-5.8M cryptocurrency users total. If this estimate is true, it is mind boggling. Bitcoin and Ethereum both have tens of millions of wallets yet we all know there are many wallets set up and not used. Personally, I probably set up 10-15 paper Bitcoin wallets over the years...ones that are not used at all. Thus, the estimate could be in the ballpark.
Being on STEEM today means one is an early adopter. Not only are there only 1M accounts, Steemit only had about 250K daily visitors. With only 60K conducting transactions on a regular basis, this means we are really only at the start of all this.
I believe cryptocurrency and blockchain are going to change the world. This evolution is going to be much bigger than what we experienced with the Internet. Some of the developments of today are only glimpses into the potential. A decade from now, if things unfold as I expect them, we are all going to be truly amazed.
It is such a blessing to be in this position. I feel so many are passing up the biggest opportunity of their lives simply because they discount what they hear about cryptocurrency. My personal belief is they will kick themselves in the pants at a certain point. Being an early adopter has a ton of advantages.
Every single SP that goes into one's account increases the value of it. While it might not be that impressive at $3, the potential for STEEM is much higher. Over time, STEEM is going to be harder to acquire. As more people post, the daily reward pool will be diluted. This is one of the things that is going to push the price of STEEM higher. STEEM is going to be in demand. Those with it will benefit from the price action that I am certain is going to follow.
1M accounts is impressive but, in reality, it is nothing. The online world is presently about 3.4B people. When looking at the growth potential, we all can see how much bigger numbers still will not dent anything. In social media, 50M or 100M is a mere drop in the bucket.
There is no reason for fear and anger to persist. Everyone should be filled with optimism. Whatever brought you to cryptocurrency was looking out for you. This is the opportunity that few in the history of the world have seen. Humanity is going to be uplifted and the early adopters are leading the way.
Most will not listen at this point. I promise you, as we move into the Age of Abundance, and the world becomes tokenized, they will arrive here. Of course, they will be no different than we are. I noticed that whenever we arrived, we wish we were here 6 months or a year sooner. No matter. We are early enough.
STEEM is a microcosm of cryptocurrency in general and it is a total blessing in my life. I can honestly say that my life is genuinely altered because of it. For this, I have eternal gratitude.
A financial future that was once filled with uncertainty is now crystal clear. The opportunities within the cryptocurrency realm are almost endless. We are going to see projects in the future that put money in the hands of millions of people. The world suddenly has unlimited financing available. That is what abundance is all about.
@stan likes to say that rule #1 with Bitshares is "do no harm to Bitshares".
I try to live that with STEEM.
Do not harm to STEEM.
The children's story about slaying the golden goose is more than just a bedtime story. It is a parable we should all keep in mind. The blockchain is eternal, hence what we post cannot be undone. Is that something that positively reflects upon what is taking place here? What if your article or comment was the only exposure to STEEM that one got? What if your words or video discouraged someone from their opportunity of a lifetime?
As we start on the next 1M Steemians, we all know there are things that need to be altered. Nobody claims that Steemit is a perfect system. We can do better. There is a lot of things in the works which should help greatly. This is what I try to focus upon.
I will admit that my research and understanding of technological trends helps a great deal. I try to convey this in my writing to give others insight into what I come across. It is safe to say the way the world operates today is going to be vastly different in 10 years. There are 15 different technologies that all will be converging (some already are) that will radically change almost everything. This is what they mean when they say the word "exponential".
In closing, I want to thank you all who read my posts and take the time to comment upon them. I found the greatest asset STEEM has is the community. There is a core group who is honestly concerned about the situation humanity finds itself in. We know that the resources are emerging where we can help to alter the future for millions. This is very powerful.
It is because of your feedback that I take the time to dig into white papers and technical pages to find out what is going on.
As a unit, we are making a tremendous difference.
Happy 1M Steemians...here is to the reaching 2M accounts. 🍻🥂
Well, you certainly have found your niche, and I think everyone is glad you did. We all benefit from the information you share but more importantly from your enthusiasm. I certainly hope you are right. I came to Steemit after years of illness that wiped out any retirement funds. Steemit, for now, is my retirement. Blessings.
I am glad to be of assistance.
This is a great opportunity for all of us.
I didnt have my retirement wiped out but mine was looking fair at best. Like most, putting some money away but not nearly enough to live on.
Cryptos change that and STEEM is really going to change that....it is my retirement fund too...and hopefully my source of income.
Will be double in very short time
You registration number according to steemd is 318,110 to be precise. You were around 200K accounts in front of me, I was number 514,093.
It is true that we achieved a great milestone but I would be happier if:
Like you wrote even entering now would be becoming an early adaptor! Don't forget that it is harder to grow from 0 to 1,000,000 then from 1,000,000 to 5,000,000!
The gratitude goes both ways! As you learned me, some do give us the platform to interact, we just need to grab it! So thank you for giving us enough platforms to communicate with each other! I do hope that more of us also start to read other comments and also reply to those! This is maybe the best lesson I learned here (and mostly form you)!
I would want to see more active user as well because some of that 60k active user might be automated bots or transfers.
We want real human connections!
I am happy though that we are still the early adopters. People that have here posting, earning and amassing more Steem Power and influence.
We are the future!
You are doing great Mave with your pay-it-forward thingy! This really helps, just like we are trying to with our SBC community!
I do see more communities getting created, which is great but there is also a dangerous pitfall!!
It is a small step from a community to an upvote jerk friend circle!
Of course this is a natural behaviour based an shares interests! We just not just lock up ourselves in such communities.
My contest takes a hugh bite out of my steem time but still I do to reach out to steemians I do not know yet!
Because I am all over the blockchain I was able to connect people with each other from which I knew they do share interest, which did gave me a great feeling!
We all should do more actions like this, this will give the comment/post ratio an increadible boost!
While I agree that hitting one million is such a milestone on our 2nd year of operation there are still a lot of things to do.
I am still waiting for automatic account creations, Hive minds and Communities which I believe is the most important changes that needs to happen so that we can get activity grow.
Well I got the news earlier today, and my goodness I was thrilled, it's so good to really see that the prospect of blockchain and cryptocurrency is really changing so many events and so many lives, in over 2 years we've hit 1 million, it's really an amazing milestones, I'm so thrilled
let's keep it rolling... what are your thoughts about "hive"? i haven't really learned about it yet
This is a very informative post
So that I did not know much
Thanks for sharing this informative post with us
hey, awesome! The more people the more potential there is for this site. The idea of rewards for contributions to a community is a great idea, and obviously we need the community for this experiment to work. Very cool.
The steemit world is getting massive each day. Kudoz
This is a very informative post..
This is a great milestone for steemit and yes steemit has given a platform for other cryptocurrencies to be known very few people in Uganda knew about cryptocurrencies and by the way, the government had discouraged the people from using bitcoin thinking they would make looses and it s not profitable but all this has come to pass with the numerous steemit promotions that are done by the promo-steem team uganda the country is getting sensitized about cryptocurrency ... some of the steemians have gone ahead to also invest in the other cryptos which is huge i believe
Manna for All @taskmaster4450
Great article, as usual, keep up the good work and to continue to inspire us with your discoveries and findings!
A million Steemers is a great accomplishment. We’re only getting started! The future is definitely bright for blockchain! I’m very confident we’re going to be celebrating 2 million Steemit accounts sooner than we think!
That rabbit got too much of the good stuff! 🐰🥕🥕🥕
Que esta prosperidad y éxito llegue a Venezuela
Dear taskmaster, your post is so awesome and enlightening I totally agree with your position that steem would be so profitable in the nearest future, I am also very optimistic that we would cross the 2million mark far before the end of the year. As was buttressed by you our testimonies to others would go along way to make this happen.
STEEM and the early adopters are completely sitting on a gold egg. It´is incredible the evolution since I joined, exactly, 5 months ago.
I´m so grateful that I had the chance to join super early and most importantly learn with you and attract people to the small community.
I´ll never forget this mark of 1 million accounts, because we reached it in a very special day for me, my 21th birthday. :D
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